October 23, 2024
Foreclosure Rescue Scam Shut Down
I recently served as an expert witness in a forfeiture proceeding that stemmed from an expansive criminal scheme to defraud vulnerable New York City residents out of their homes. I was a pro bono expert on behalf of one of … Continue reading
October 23, 2024 in foreclosure | Permalink | No Comments
December 8, 2022
A Controversial Fix for America’s Housing Market
Insider quoted me in A Controversial Fix for America’s Housing Market: More Foreclosures. It opens, How many people should lose their homes to foreclosure? In an ideal world, of course, there would be no foreclosures at all. Everyone who buys … Continue reading
December 8, 2022 in foreclosure | Permalink | No Comments
May 2, 2022
Foreclosure Echo
David Reiss CC BY-NC-SA Linda Fisher recently posted a pdf of The Foreclosure Echo: How the Hardest Hit Have Been Left out of the Economic Recovery, a book she co-authored with Judith Fox. It came out before the pandemic, … Continue reading
May 2, 2022 in foreclosure | Permalink | No Comments
October 5, 2020
Buying out of Foreclosure
US News & World Report quoted me in How to Buy a Foreclosed Home. It opens, AS HOME PRICES SOAR IN many cities, buyers may look to foreclosures to land bargains on houses. Foreclosure happens when a borrower can no longer … Continue reading
October 5, 2020 in foreclosure | Permalink | No Comments
October 26, 2018
How To Buy A Foreclosed Home
US News & World Report quoted me in How to Buy a Foreclosed Home. It opens, As home prices soar in many cities, buyers might look to foreclosures as an affordable option for landing their dream home. Typically, a foreclosure occurs … Continue reading
October 26, 2018 in foreclosure | Permalink | No Comments
February 12, 2018
Redefault Risk After the Mortgage Crisis
Paul Calem et al. of the Phillie Fed posted Redefault Risk in the Aftermath of the Mortgage Crisis: Why Did Modifications Improve More Than Self-Cures? The abstract reads, This paper examines the redefault rate of mortgages that were selected for modification … Continue reading
February 12, 2018 in foreclosure | Permalink | No Comments
November 6, 2017
A Shortage of Short Sales
Calvin Zhang of the Federal Reserve Bank of Philadelphia has posted A Shortage of Short Sales: Explaining the Under-Utilization of a Foreclosure Alternative to SSRN. The abstract reads, The Great Recession led to widespread mortgage defaults, with borrowers resorting to both … Continue reading
November 6, 2017 in foreclosure | Permalink | No Comments
